The Columbia India Consumer ETF (INCO) is an exchange-traded fund that seeks to track the performance of an index composed of consumer sector companies listed in India’s equity market. The ETF is managed by Columbia Management Investment Advisers, LLC and trades under the ticker INCO on NYSE Arca.
Classified as an equity ETF with sector-focused exposure to the Indian market, INCO aims to reflect, before fees and expenses, the performance of the securities included in its benchmark index.
The Indxx India Consumer Index consists of companies listed in India that operate in segments tied to domestic consumption. Constituents are weighted according to free-float-adjusted market capitalization. The index undergoes periodic reviews and rebalancing, which are reflected in the ETF’s holdings.
Composition and exposure profile
INCO provides exposure to India’s consumer sector, including companies operating in:
- Consumer staples and discretionary goods.
- Retail and consumer services.
- Food, beverage, and household products.
- Brands focused on India’s domestic market.
The portfolio reflects the dynamics of domestic consumption within a major emerging economy.
Structure and costs
INCO shares trade on the secondary market on NYSE Arca during regular trading hours. Creation and redemption occur through authorized participants, helping maintain alignment between market price and net asset value.
The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. INCO trades exclusively under the ticker INCO.
History and evolution of the ETF
The Columbia India Consumer ETF was launched to provide thematic exposure to the growth of India’s consumer economy. Since inception, it has been used by investors seeking access to structural expansion in domestic demand.
In recent years, INCO has reflected post-pandemic economic recovery, domestic inflation dynamics, and monetary policy decisions by the Reserve Bank of India, while maintaining its passive index-tracking strategy.
Additional Information
Columbia India Consumer ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $235.70 M.
Over the past 12 months, Columbia India Consumer ETF recorded a return of -1.92%, with its price trading between $53.29 and $67.77 during the same period.
The ETF is traded under the ticker INCO.